Post by
Torontojay on Apr 05, 2023 9:10am
Premier Health should be treated like a stock option
You either stand to win a lot of money or you lose your principal. It would be very difficult for Premier Health to stay in business given the debt levels if Quebec implements this bill. Canada has become such an authoritarian regime that the free market approach has been thrown out the window. Too much government regulation and overreach is bad for the economy.
I would treat this stock as a stock option. Don't have too much of your wealth/capital invested because you could lose it all. If you are willing to tolerate additional risk without being heavily invested, then this could pay off big time.
Comment by
CauseWhyNot on Apr 05, 2023 10:36am
Although I agree with you on the debt level worry, it's my understanding the loans were specific to the acquisition and the ebitda of the company they were buying had to support the loan amount. (I could be seriously wrong here). But if that is the case, they could lose quebec altogether and still support payments. how far am I off?
Comment by
CauseWhyNot on Apr 05, 2023 10:37am
Haha they guy/s with blocks of stock for sale tend to disagree with me... anyone speak with management ?
Comment by
Torontojay on Apr 05, 2023 12:38pm
* Canadian operations should read Ontario operations. Im not trying to be political here :)